ESPEC (TSE:6859) Accounts Payable & Accrued Expense : 円5,156 Mil (As of Dec. 2023)

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What is ESPEC Accounts Payable & Accrued Expense?

ESPEC's quarterly accounts payable & accrued expense declined from Jun. 2023 (円4,954 Mil) to Sep. 2023 (円4,782 Mil) but then increased from Sep. 2023 (円4,782 Mil) to Dec. 2023 (円5,156 Mil).

ESPEC's annual accounts payable & accrued expense increased from Mar. 2021 (円3,101 Mil) to Mar. 2022 (円3,906 Mil) and increased from Mar. 2022 (円3,906 Mil) to Mar. 2023 (円5,072 Mil).

ESPEC Accounts Payable & Accrued Expense Historical Data

The historical data trend for ESPEC's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ESPEC Accounts Payable & Accrued Expense Chart

ESPEC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3,979.00

2,962.00

3,101.00

3,906.00

5,072.00

ESPEC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,353.00	5,072.00	4,954.00	4,782.00	5,156.00

ESPEC Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

ESPEC (TSE:6859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ESPEC Corp (TSE:6859) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

3-5-6, Tenjinbashi, Kita-Ku, Osaka, JPN, 530-8550

Website

http://www.espec.co.jp

ESPEC Corp is a Japanese manufacturer of environmental test chambers. It is engaged in the business divisions of Equipment business, Service business and Other business. In the Equipment business, the company offers environmental test chambers, secondary battery-related equipment, measurement and evaluation systems and semiconductor-related equipment. In the Service business, the entity offers after-sales service and engineering, laboratory testing services and other services. The organization offers its products in Japan and other countries.

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